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Redux Global ICT 100 Index: the very merry month of May |
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Friday, 03 June 2005 |
A five percent rise in the R-100 with gainers around the globe and few fallers. Kiss my Redux.
The latest figures for the R-100, a global index of technology shares, shows a rise to 996.47 from last month’s 942.90.
Leaving aside the blip at the turn from 2004-5, the index revealed
today is the highest since the R-100’s inception in July 2004. Growth
for April-May 2005 runs higher than 5%.
Most R-100 stocks have climbed by between 5% and 20%, led by the likes
of Nokia, Alcatel. and mmO2 in Europe; Motorola, Lucent and Oracle in
the US; and DoCoMo in Japan.
The losers are not hard to find: KDDI, NTT, China Uincom and Hutchison
Whampoa in Asia; BCE of Canada; AT&T, Level3 and Verizon in the US;
TDC, Telenor, TeilaSonera in Europe.
Such losers are little losers. The industry is moving up and away from them. The R-100 shows that.
Jim Chalmers
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R-100 Index 
